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Residential Income
$775,000
520 S Main Lake Placid, FL

B26021355

29 of 763 for Sale
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an agent
  • Listed On:

    Apr 28, 2026
  • Days on Market:

    46
  • Year:

    1982
  • Taxes:

    $5,611 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

520 S Main Lake Placid, FL 5 Units! Prime Multifamily Investment Opportunity! Well-maintained 5-unit multifamily property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath units—appealing to a wide range of tenants. The property is easy to manage as tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by the owner and running efficiently. Freshly painted exterior. The building is topped with a durable metal roof and the use of window A/C units helps keep maintenance simple and cost-effective. Rents are adjusted at renewal, providing built-in upside for future income growth.

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For Sale Details

  • Heating Description

    Window/Wall

  • Photo Count

    8

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1982

Any questions about Residential Income?
Contact our Lake Placid Real Estate Specialist today.

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